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BMW 6-Series Lease Questions

215 messages,  Last post on Jun 02, 2013 at 8:51 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW 6 Series, BMW M6, Car Leasing, Coupe, Convertible

Messages Page 3 of 23

#13 of 215 Re: BMW 650i Conv. Lease [keno2] by Car_man HOST

Nov 21, 2005 (4:39 am)

Replying to: keno2 (Nov 09, 2005 3:48 pm)
I would be happy to help you out, keno2. Acording to my calculations, if you were to lease a 2006 BMW 650i Convertible with an MSRP of $84,745 and a selling price of $81,745 through BMW Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around a whopping $1,237. The payment for an otherwise identical 48 month lease should be around $1,190.
 
Car_man
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#14 of 215 BMW650i conv. lease by carinm

Nov 22, 2005 (6:53 pm)

I am trying to lease a 2006 BMW 650i with an MSRP of about $85,000. I'm not getting quotes like the one you gave keno2 on November 21st. I too want a 36 month lease, 12,000 miles per year, zero down. I'm gettting told that the cars are selling at MSRP and that with $5,000 down my payments including tax would be $1400. I'm in Southern California. Can you give me any tips on how to actually lease a car for the payments your talking about. I have perfect credit.

#15 of 215 Re: BMW650i conv. lease [carinm] by Car_man HOST

Dec 07, 2005 (4:39 am)

Replying to: carinm (Nov 22, 2005 6:53 pm)
Hi carinm. Your car's lease payment will depend upon what sort of a price you are able to negotiate on it. If you were to lease a 2006 BMW 650i with an MSRP of about $85,000 without receiving any sort of discount through BMW FS for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment would be around $1,354. A whopping $5,000 down payment would reduce the monthly payment for this lease to around $1,200, but is not a good idea. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your 6-Series would be exactly the same, regardless of whether you had put $5,000 down, or had made absolutely no down payment at all.
 
Focus on trying to get this car for less than full MSRP. A $1,000 discount would reduce the aforementioned lease payment to around $1,323 and a $2,000 discount would drop it to $1,292.
 
Car_man
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#16 of 215 645 or 650 Lease Numbers - Car_Man by kjwbmwm5

Dec 07, 2005 (11:58 am)

Car_Man,
 
Looking at a lease for either a 2005 645 Coupe or a 2006 650 Coupe, depends on the deal and availability. However what I would like to know are the Money Factors and residuals for both cars this month for a 36 month Lease with 12,000 miles per year. Can you please help? Thanks, kjw

#17 of 215 Re: 645 or 650 Lease Numbers - Car_Man [kjwbmwm5] by Car_man HOST

Dec 29, 2005 (4:22 am)

Replying to: kjwbmwm5 (Dec 07, 2005 11:58 am)
Hi kjwbmwm5. If you were to lease a 2006 BMW 650 Coupe through BMW Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00285 and 59%, respectively. The numbers for an otherwise identical lease of a 2005 BMW 645 Coupe should be a much more attractive .00145 and 58%.
 
Car_man
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#18 of 215 Re: 645 or 650 Lease Numbers - Car_Man [Car_man] by njwlog

Jan 19, 2006 (9:01 am)

Replying to: Car_man (Dec 29, 2005 4:22 am)
Car_man
 
Do you know if BMWFS is still offering this special lease rate on remaining '05 645 convertibles?
 
njwlog

#19 of 215 Re: 645 or 650 Lease Numbers - Car_Man [njwlog] by Car_man HOST

Feb 09, 2006 (3:33 am)

Replying to: njwlog (Jan 19, 2006 9:01 am)
Hey njwlog. Unfortunately, the only 2005 model that BMW is still providing lease support on is the Z4. I don't even think that BMW Financial Services will lease 2005 6-Series models any longer. If you want to lease one now, you probably would have do to so through an independent bank.
 
Car_man
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#20 of 215 650 Lease by wirefree

Feb 14, 2006 (8:42 am)

Car Man,
 
Here is my situation, I'm currently in a lease on a 2003 745i. I have about a year left and I wanted to trade in the car for a new 650i and my question is, am I going to take a big hit when I trade in?
 
Here is what I was offered for the 650i-
$71,890-base w/out options
$78,545-after options
12k/year 36 months

#21 of 215 Re: 650 Lease [wirefree] by bdr127

Feb 14, 2006 (10:27 am)

Replying to: wirefree (Feb 14, 2006 8:42 am)
Call BMWFS and get your 745i payoff. Don't just add up the remaining payments.... Get their payoff quote. You can get an idea of what your car might trade in for via Edmunds or KBB. FYI, auction prices right now are at an average of about $38k for 40k miles.

#22 of 215 Re: 650 Lease [bdr127] by 06hse

Feb 16, 2006 (2:27 pm)

Replying to: bdr127 (Feb 14, 2006 10:27 am)
I got the dealer to give me $39,000 for my car, I owe $46,000. They gave me a money factor of .00350 and residual of 57%, I feel like I'm not get the best deal with the credit rating that I have. I thought average money factor was around .00285? Anyway let me know what you think.
 
Can you work out the payments for me for me?
 
2006 650i
$78545 (after options)
12k/year 36,000 miles

Messages Page 3 of 23

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